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Why Bitcoin and Crypto Have No Future?

Discussion in 'CryptoCurrency' started by PinguSpy, Oct 22, 2018.

  1. Botwiz

    Botwiz Executive VIP

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    Appreciate the pessimistic perspective. Though every article I see here is a shorter's wet dream. Dumb money buying the hype. So smart money can sell it to there eventual longs. Typical market structure plays out at light speed in crypto (Bitcoin being the slowest similarly to Gold). If your anti coin does that mean your anti on the future of blockchain tech which will clearly infiltrate every facet of life & business? (aka control/tracking/etc.) All I see playing out is market structure, time, and cycles. Repeat. Even if bitcoin goes to .01 cent or .00000001 satoshi what happens then? What will take its place? Paper Money? :)

    Also what if big money is so underwater that there doing everything they can to prop up the market to get out alive?
     
  2. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP

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    Big banks are buying crypto. Stock exchanges are listing crypto funds. Billions of U$ are flowing into crypto daily.

    Are all these big players wrong?

    Sir Richard Branson gave an award to a crypto project recently. Is he dumb?

    I don't think so.
     
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  3. YujinTan

    YujinTan Elite Member

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    Singapore Gov investment firm in fact invest on Crypto currency exchange. Singapore is always very carefully come Money u can see they is slow to see this but now go into it. Ironic MAS in Sg tell people cautious on BTC at your own risk yet the Gov investment firm go into ti . :) Sometimes people wanna push the price down so come out negative news etc I can see cyprocurrency is the future and stay just like forex , trader , etc big players , transcation using coins to buy things online etc...is about business , there.
     
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  4. drogon

    drogon Elite Member Premium Member

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    Honestly, why is a make money online forum constantly arguing about blockchain technology instead of talking about how to make money from it??
     
  5. bumont

    bumont Registered Member

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    Yep this hits the nail here. In the gold rush, the people who were sure to make money were the ones selling the pickaxes.

    Blockchain is part of the future, yes. But we can only speculate on which one of the endless alt coins, all with communities who swear their coin is the best, will be the best investment.
     
  6. Whateverest

    Whateverest Jr. VIP Jr. VIP Premium Member

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    Because all the crypto gurus have lost their money since late 2017 and they're just holding bags, hoping they will sell them one day.
     
  7. YujinTan

    YujinTan Elite Member

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    yup , this is why I feel weird, as mention Cryptocurrency will be always around to the future even all of us RIP .at least our time line it will be around . I feel some might have invest a lot BTC now feel kinda hard to recover. As iI have mention is a market , bond to be up or down , or you can buy cheap alternative coin to invest , as long it reach one dollar mark you already profit or bonus they earn few dollars even 10 dollars onward you will be laughing to bank
     
  8. drogon

    drogon Elite Member Premium Member

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    I would say this is not how you make money in crypto, by just bying a coin in pennies and hope it goes to $1. $1 mark means nothing when you dont consider the supply, market cap, historic data for that coin, road map, team, partnerships, real world use case, community, market sentiment etc etc....
     
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  9. cwiney

    cwiney Junior Member

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    Well said!! Crypto is the future money
     
  10. Verost

    Verost Newbie

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    Now there are so many new projects that relate to the cryptocurrency that I do not even think that the cryptocurrency has no future. People work for the future.
     
  11. littlewebdragon

    littlewebdragon Jr. VIP Jr. VIP

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    I can notice only one thing here, a lot of people do not distinguish between crypto (some sort of future money that will change world) and blockchain (as usable technology) yet treating them same. This is wrong.
     
  12. LaraJean

    LaraJean Jr. VIP Jr. VIP

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    Bitcoin is honestly the closest thing to the ideal currency in this global world. The problem? The people of this flat world definitely not ready for this currency so let's stick with the dirty dollar.